Marketmoving news from all around the world. From beijing to london to istanbul and washington. Our bloomberg voices are on the ground with this mornings top stories. Worry going to start now in the middle east. Syria sending Government Troops to the north after u. S. Withdrew forces in the area. Mr. Erdogan is down playing the threat of an escalation. Whats happening in Northern Syria, whats the risk of a clash here . Reporter were hearing that Syrian Forces are teaming up with the kurdish rebels after the u. S. Allies abandoned them. And now theyre moving towards the Northern Syria where Turkish Military operation is taking place. However, turkish president has down played the risk of syrian and Turkish Forces clashing. Saying that the russians are mediating between the two nations. And weve just heard from the Turkish Defense minister. He says y. P. G. Kurdish militants have emptied a prison for isis suspects who then fleed. Now of course this is a very Troubling Development because
Trade impact on the economy. Lets look whats driving the action britain and the eu coming to a brexit deal although Boris Johnson still needs to win a vote back at home. U. S. And turkey agreed to a ceasefire in syria and despite ibm the overall earnings picture remains strong with beat from netflix and Morgan Stanley leading the market hire. Were happy to have stephanie link here. I know youre pretty upbeat. So far so good. There have been good reports from csx, from honeywell, from United Airlines jpmorgan, Morgan Stanley. Those have been rewarded also other earnings that have just been good enough. United rentals we talk about positioning, people are not positioned in industrials or health care those two sectors are leading the market today is that why we are where we are. People have your view earnings are good enough . Some are good enough but some are good the best earnings picture was johnson johnson. We also had a lot of health care you entitle e United Health expectations if t
Today. A key meeting set to take place at the white house in this hour. Can President Trump seal a deal even if its just a skinny bundle kayla is in d. C. With the latest on the talks b. Before that 2 45 p. M. Meeting between President Trump and the vice premier of china the treasury secretary and the trade representtich are going to be briefing the president to tell him what transpired between two days of what treasury secretary says were productive negotiations a couple of blocks away with china. Whoa expect there will be some announcement secretary mnuchin confirmed there would be there needs to be a decision on what those are a source stels tells me preside jinping needs to be what is decided as well. We await those developments. Secretary mnuchin just briefing moments ago. He was asked about the optimism regarding china trade talks in the market right now, especially on the back of headlines that there could be a partial deal coming heres how the treasury secretary responded. The
Who says they need a deal more than we do . Former republican congressman trey gowdy and democrats revving up for a new Hillary Clinton probe. A fear that the vote on a new usmca is doa. Its a busy hour. It kicks off right now. Neil all right. I dont have to say anything. Look at the lower righthand corner. It is green. The market is up. It might seem like a simple thing but important thing. A lot of recommendations over the years weve been receiving from you what could make Business News more palatable besides me anchoring two hours of it on this fine channel. Okay, maybe not. What well be doing the next two hours is showcasing some of the things you have been requesting over the years and we made very copious notes of the things you like, the things you didnt like, trying to explain Business News in ways that are always english. That is a big thing with us here on fox business. Also an appealing way so you can see it, grasp it, on our website, even on the tv product youre looking at
Money manager ken fisher and forget the stock of the day and why many are set to soar it is wednesday, october 16. Worldwide exchange starts right now. Good morning. Welcome to the show. Stock futures indicating the dow will open modestly lower at the open you can see if these futures open, the dow would open down by about 57 points and the nasdaq around 15 to 16. The blue chips open at 27,000 for the First Time Since september. The dow and s p 1 away from record high levels the 10year Government Note a tick lower at 1. 733 twoyear note, 1. 57 in the asian trade, japan now up about 1 hang seng up about half a percent. In south korea, the central bank lowering the key rate a quarter of 1 as expected to a report low 1. 25 . More room is still there as well european trading, we are seeing a little negativity there. German dax as well and the german ftse off as well. New developments in the u. S. china trade war issuing a strong warring to d. C. After the house backed the prodemocracy move